On July 29, VanEck Semiconductor ETF declined 3.15% in regular trading, trading at 511.395 USD/share, with turnover of approximately $1.362 billion.

On the news front, multiple negative catalysts converged to trigger panic selling across the global semiconductor sector. NVIDIA was reported to be in negotiations to provide approximately $250 billion in guarantees for an OpenAI data center project, intensifying market concerns over a circular financing model within the AI economy. NVIDIA shares had already fallen approximately 5% on the news. Additionally, China's Ministry of Commerce placed 14 EU entities on its export control list, further increasing uncertainty across the global semiconductor supply chain.

The selloff spread to Asia, with South Korea's KOSPI plunging 10.84%, Samsung Electronics falling over 13%, SK Hynix dropping nearly 15%, and Japan's Kioxia tumbling more than 18%. Market anxiety over the return timeline for massive AI capital expenditures continued to escalate, pushing the ETF to its lowest level in over two months.

The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index includes common stocks and depositary receipts of U.S. exchange-listed companies in the semiconductor industry.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)